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Human Capital, Demographics and Growth Across the US States 1920-1990

Author

Listed:
  • Persson, J
  • Maimberg, B

Abstract

This paper finds robust evidence that age structure matters for subsequent growth in per capita income across the US states 1920-1990. The age groups 25-65 year are positively related to subsequent per capita income growth. Another conclusion is that the average years of shooling affects subsequent per capital income growth positively when age structure is controlled for. Moreover, the estimated speed of convergence increases substantially when schooling and age structure are held constant in the income growth regressions.

Suggested Citation

  • Persson, J & Maimberg, B, 1996. "Human Capital, Demographics and Growth Across the US States 1920-1990," Papers 619, Stockholm - International Economic Studies.
    • Handle: RePEc:fth:stocin:619
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    Citations

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    Cited by:

    1. Herbst, Mikolaj & Rok, Jakub, 2013. "Mobility of human capital and its effect on regional economic development. Review of theory and empirical literature," MPRA Paper 45755, University Library of Munich, Germany.
    2. Maria Klonowska-Matynia & Radosław Sobko, 2021. "Spatial Analysis of the Relationship between Health Capital and the Level of Health Care Expenditure in Poland," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 1), pages 133-151.
    3. Herbst, Mikolaj & Wójcik, Piotr, 2011. "Growth and divergence of the polish subregions over 1995–2006: a search for determinants and spatial patterns," MPRA Paper 34731, University Library of Munich, Germany.
    4. Ratna, Nazmun N. & Quentin Grafton, R. & Kompas, Tom, 2009. "Is diversity bad for economic growth?: Evidence from state-level data in the US," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 38(6), pages 859-870, December.

    More about this item

    Keywords

    ECONOMIC DEVELOPMENT ; HUMAN CAPITAL ; ECONOMIC GROWTH ; DEMOGRAPHY ; MEASUREMENT;
    All these keywords.

    JEL classification:

    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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